Wendy's stock is soaring on a $1.4 billion buyout offer from famed activist investor Nelson Peltz
· businessinsider.com · popularity 34/100 · 0 similar stories today · Restaurant & Food Service Industry (Food, Drink & Agriculture)
Read the original at businessinsider.com →
Summary
Wendy's stock surged 17% on Wednesday on an offer from a famed activist investor to buy the fast-food chain. The Wall Street Journal first reported that Nelson Peltz's Trian Fund Management submitted a take-private offer. The fund submitted an offer to purchase the burger chain for $1.4 billion, or …
Found in: @businessinsider. Rating basis: single outlet; outlet tier 4; 1 feeds; feed position 2.